Find out why PETROAN praises Petroleumprice.ng as digital pricing authority

• PETROAN has praised the works of Petroleumprice.ng arsenic Nigeria’s starring level for real-time substance pricing
• The platform, which offers regular depot terms updates, adept analysis, besides provides unafraid B2B tools to enactment marketers, retailers, and consumers
• Fuel marketers judge that the level is important to operational ratio crossed the downstream petroleum sector
• Legit.ng journalist Dave Ibemere has implicit a decennary of acquisition successful concern journalism, with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has officially endorsed Petroleumprice.ng arsenic the country’s premier level for substance pricing and integer marketplace services.

Petrol marketers endorse a pricing level for transparency successful the lipid sector Photo credit: Bloomberg/contributor
Source: Getty Images

PETROAN, representing substance retail outlets nationwide, praised Petroleumprice.ng for its relation successful promoting accuracy and transparency crossed the industry.

The endorsement solidifies Petroleumprice.ng's presumption arsenic a trusted root of real-time substance pricing, downstream petroleum news, and marketplace insights.

During the endorsement ceremonial held successful Lagos, Billy Gillis-Harry PETROAN National President, underscored the platform’s value successful the sector's modernisation efforts.

He emphasised the urgent request for technological innovation to conscionable existent challenges, praising Petroleumprice.ng for empowering stakeholders with reliable data.

Gillis-Harry said:

"Petroleumprice.ng embodies the transparency and innovation our assemblage urgently needs."It enables marketers, retailers, fleet operators, and consumers to marque informed decisions based connected verified, real-time information."

Also, Joseph Obele, National PRO of PETROAN noted the captious relation of integer platforms successful ensuring terms integrity and reducing risks wrong the substance proviso chain.

He affirmed that PETROAN's collaboration with Petroleumprice.ng would bolster information transparency and enactment reforms aimed astatine improving Nigeria’s substance organisation efficiency.

PETROAN believes caller integer level for transparency successful the lipid sector Photo credit: Bloomberg/contributor
Source: Getty Images

New substance pricing level gets endorsement

In effect to the endorsement, Olatide Jeremiah Petroleumprice.ng CEO expressed gratitude and reaffirmed the platform's committedness to transforming Nigeria’s downstream petroleum scenery done precocious exertion and dependable quality tools.

He said:

"We are honoured by PETROAN’s endorsement," Jeremiah stated. "Our ngo is to present close depot pricing, actionable marketplace intelligence, and a unafraid trading situation for each stakeholders."Petroleumprice.ng offers broad coverage, providing real-time updates connected petrol (PMS), diesel (AGO), kerosene (DPK/ATK), and LPG prices sourced regular from large depots successful Lagos, Port Harcourt, Warri, and Calabar. This enables users to show determination terms trends and optimize outgo absorption strategies effectively."The level besides features adept marketplace investigation connected lipid terms fluctuations, overseas speech impacts, refinery activities, and regulatory developments. Its mobile-optimized interface, verified B2B trading capabilities, alert services, and stakeholder resources purpose to heighten transparency and physique spot crossed the industry."

6 depots arsenic contention heightens with Dangote Refinery

Earlier, Legit.ng reported that six large petroleum depot operators person announced a simplification successful the terms of Premium Motor Spirit (PMS), commonly known arsenic petrol.

Emadeb led the complaint by lowering its terms from N903 per litre to N827 per litre, portion First Royal adjusted theirs from N828 per litre to N826 per litre.

Similarly, MENJ, Aiteo, Pinnacle, and Hyde person lowered their prices to N826, N825, N850, and ₦868 per litre, respectively, reflecting a driblet from their erstwhile rates.

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Source: Legit.ng